The breakout of USDCHF through the 0.8644 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, USDCHF could test 0.8619 within the next 16 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
ARTÍCULOS RELACIONADOS
A final push possible on AUDUSD as it starts approaching a price line of 0.6538.
AUDUSD is moving towards a key resistance level at 0.6538. AUDUSD has previously tested this level 3 times…
EURUSD is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
The movement of EURUSD towards the resistance line of a Rising Wedge is yet another test of the…
USDCAD is currently testing a level of 1.3666. Will the breakout continue or will things reverse?
The breakout of USDCAD through the 1.3666 price line is a breach of an important psychological price that…